IkeGPS announces share placement to existing Australian, NZ investors

Tue, 15 Aug 2017

By Rebecca Howard Aug. 16 (BusinessDesk) - IkeGPS, the laser measurement toolmaker, said it has received firm expressions of interest from existing Australian and New Zealand institutional and wholesale investors for a share placement. It is currently seeking to finalise the placement of new fully paid ordinary shares to those selected existing investors, it said. It did not disclose the amount involved and company officials were not immediately available for comment. In a first quarter business update last month, however, it said its...

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